Money_Dictators

IGL: Bullish Falling Wedge Pattern

Long
Money_Dictators Updated   
NSE:IGL   INDRAPRASTHA GAS
IGL has constructed a falling wedge on the 1-day chart in which it has made continuous lower lows and lower highs.

The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504. IGL Is Bearish below 458.

Buyers have to break and stay above 504 to increase demand pressure.

Note: Do your own research / discuss it with your advisor
Comment:
483

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